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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.


TSXV:CAND - Post by User

Comment by ANBCAon May 04, 2011 5:44pm
317 Views
Post# 18531264

RE: RE: someone lnto this????

RE: RE: someone lnto this????No gold shares are trading at their highs.  Many have priced in higher interest rates and the negative effect they'll have on Bullion prices.  We are living in strange times and really no one can predict the outcome over the next year or so.  China encouraging citizens to buy gold.   Who will be next?  The U.S. got a little boost from the Bin Laden story but they have plenty of hard days ahead.  China and India with inflation issues still have very healthy econmies.  100% inflation in many of these countries still leaves prices much lower than what we pay. 

Hang in there.  I'm giving management one more good chance to get this show back on the rails.  Lets see where she goes.  I think there is more gold and doubt very much T.D. is wrong.  Let alone all the investors who just bought in.

Hopefully the mood will be different here shortly. 

JMHO

Regards  A
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